Profitable Retail Pharmacy is located in the East Riverside County, CA
Asking Price: | $569,880 |
Gross Revenue: | $3,785,695 |
EBITDA: | $386,560 |
Established Year: | 2005 |
Cash Flow: | $386,560 |
Inventory: | $196,800 |
FF&E: | $115,650 |
Retail Pharmacy is located in the East Riverside County. Excellent cash flow with a high-profit margin. Large MediCal/Medicare patient base. Located near 10 highway. Established in 2005. The average revenue is 3.5M and keeps growing.
~ 7,600 sq. ft. of space, plenty of space for additional OTC cash flow. The lease expires in 2028 with options, the buyer will get a lease assignment. Most of the major insurances are accepted. PSAO is Health Mart Atlas. Clean license, no Board violations. Medicare/DEA/Medical, CVS Caremark, Humana, Express RX, Optum, and many others, all are in good standing, according to the seller. Open 5 days a week. Located in a well-established residential/commercial area. The semi-absentee seller hasn’t done much marketing in the area. There are several medical offices in the area and plenty of parking around. A wholesaler is McKesson and a few secondaries. RX Software is a Digital RX. Averages 170-180 retail scripts a day. Diversified patient base. PIC may stay during the transition. After temp. license is issued, please bring your PIC or make an offer she/he can’t refuse. We are looking for licensed PharmD’s. Inventory is ~200K is not included, and will be appraised by professional RX appraisers at the close of escrow. Parata Max Dispensing Robot and Kirby counting machines are included. Real Estate is for sale to a qualified buyer. Licensed in California and Arizona. Clean books, SBA is possible.
Financial Statements, Inventory Count, and any additional information will be gladly presented to qualified buyers during due diligence. Proof of funds is required. The seller is motivated. All of the above information per Seller please rely on your own due diligence on market conditions and this industry before making any commitment and decision making.
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